Structural Electronics Market 2021 Future Growth Prospect, Industry Share And Growing Demand Analysis Till 2026

The Structural Electronics Market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

The structural electronics market is expected to register a CAGR of 15.3%, during the forecast period of (2020 - 2025).

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Top Leading Companies of Global Structural Electronics Market are TactoTek Oy, The Boeing Company, Canatu Oy, Neotech AMT GmbH, Toyobo Co. Ltd, Panasonic Corporation, Faradair Aerospace Limited, Molex LLC and others.

Industry News and Updates

- April 2019 - B-LA and TactoTek jointly announced that they have signed an agreement for B-LA to market and sell injection molded structural electronics (IMSE) solutions. This partnership brings together leaders in their respective technology domains to advance the market for integrating electronic functionality within molded plastics.
- April 2019 - Boeing and the Australian Space Agency have signed a statement of strategic intent to help advance the agency’s goals to expand Australia’s domestic space industry.

Key Market Trends

Automotive Sector to Account for a Significant Growth

- Structural electronics include electronic components and circuits that act as load-bearing, protective structures, by replacing the dumb structures (such as automobile bodies) or conformally placed upon them.
- The critical capability of structural electronics to reduce the weight of a product is projected to disrupt the automotive sector. Structural electronics is expected to be next big thing in smart cars, as the elements of structural electronics would be integrated within the vehicle's body and undercarriage, thereby resembling the human nervous system and enabling cars to instantly recognize touch and damage.
- In addition, in the future, hybrid/electric cars are expected to use structural electronics, with printed OLED (organic light emitting diode) incorporated inside and outside the car roof.
- Moreover, the boom in automobile production across the globe with adaption to new technology changes such as lightweight and compact parts will witness significant demand for structural electronics, over the forecast period.

North America to Account for the Largest Share in Structural Electronics Market

- North America’s robust financial position enables it to invest heavily in advanced solutions and technologies. The higher penetration of structural electronics in the region can be attributed to the high adoption of such products in conductors, photovoltaic products, and sensors, which are used in high-end cars and space vehicles.
- Structural electronics has shown tremendous progress in the United States and is supported by vast R&D activities. For instance, in order to drive the technology that couples flexible substrates, printed circuits, and thinned silicon die, NextFlex research center with around USD 165 million in private and public backing has been formed.

Regional Outlook of Structural Electronics Market report includes the following geographic areas such as: North America, Europe, China, Japan, Southeast Asia, India and ROW.

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What Are The Market Factors That Are Explained In The Report?

Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.

Analytical Tools: The Global Structural Electronics Market Report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.

Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.

Customization of the Report: This report can be customized as per your needs for additional data up to 3 companies or countries or 40 analyst hours.

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